DEBT IS ABOUT CONTROL (ESPECIALLY WHEN YOU CAN LITERALLY PRINT MONEY)
Imagine I’m a Loan Shark you owe money to. Now imagine you can’t pay me on time and the rest of my “clients” are catching wind of this or they might.
I love the control I have over you when you owe me, so I don’t want to kill you or lose you as a “client”. I want to keep you on the hook.
But I gotta make a point or nobody will pay anymore, and if that happens I lose control of everyone and everything.
I need to save face somehow or everyone in town will think I’m a chump. In fact, if I’m seen as weak not only will nobody pay and I lose control over everyone, but people will even come after me at the first sign of weakness. I’ve been a very bad boy and if those I’ve abused sense weakness they’ll jump at the opportunity to get revenge.
“WE” NEED A RESET FOR OUR ARRANGEMENT OF CONTROL
What can I do?
I don’t need the money you owe me, I have tons of money and I can make more money at will anytime I want.
It’s not about the money you owe me:
It’s the CONTROL over you that I want.
What can I do? How do I give you more time to pay without looking like a weak chump who can’t even enforce my own rules and payment schedule, which YOU agreed to in order to get the money I lent you?
How can I save face and not be exposed like The Wizard of Oz?
BURN IT DOWN AND BUILD BACK BETTER
So I burn your house down.
I burn your crops.
I burn your suppliers down.
Then I release a statement:
“In light of this terribly tragic time of crisis, I am going to forgive the debt of this poor suffering soul.
Normally I hold everyone accountable for their debts, very firmly and with great violence, but because I am such a wonderful person I just cannot in good conscience play hardball with a person who has suffered such tragedy.
In fact, I am going to issue a new loan for this person so that WE can Build Back Better:
We are all in this together.
Furthermore, in addition to giving a new loan I am going to own their home and they will rent from me from now on, it’s the least I can do in order to make sure they are never without a home again.
To make things even easier going forward, I am going to issue the new loan in my new digital currency. Might as well, this is a good time to make that switch since they have nothing anymore. Besides, I’ll only be accepting their payments for rent and loans in my new digital currency, and so long as they do everything I want including staying Fully “Vaccinated” then I won’t cut off their digital currency account and they’ll be able to pay their rent and loan payments.
They will also need my new digital currency to buy food, since I won’t be putting new crops on my property which they rent from me now.”